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41 minutes ago, AustNerevar said:

Well the Robinhood app has banned buying of GME currently so the hedge funders can stabilize and collect themselves. I imagine other apps and services will follow.

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This was a bad decision on their part for the long term. This is leading to unification across the ideological spectrum no politician could ever be capable of on their own. It would look really bad if Robin Hood didn’t face some sort of punishment for this. The stocks have nose dived and it’s obvious why.

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This was a bad decision on their part for the long term. This is leading to unification across the ideological spectrum no politician could ever be capable of on their own. It would look really bad if Robin Hood didn’t face some sort of punishment for this. The stocks have nose dived and it’s obvious why.
Yeah, bad look for those individual trading apps.

Hey, want an expert explanation that'll confuse you more? My dad decided to weigh in.

PLATTYM2: What is happening here is inflating the price of a stock through the use of derivatives. That process is where you buy options on a stock by pledging the market value of your brokerage account. You do not purchase shares, you buy options at a future expiration date. If you think the stock will be up at a future date, you buy CALLS. If you think it will be down, you buy PUTS. It is extremely risky. Not only can you lose your entire position if the price moves in the opposite direct of what you are betting, but if you purchased the option without buying insurance, that is putting a floor on your option trade, you could wipe out the value of your pledged account if there were an extreme movement on the position in the opposite direction of what you expected. The extreme movement on GameStop was caused by millions of individuals on sites like Robinbhood and other online brokerage sites, all literally buying CALLS that drove the value of the stock up. More buyers than sellers, so they drove the value, on an inflated basis. If, like today, the value unepectantly drops hugely, before the expiration of the buyers options, which is what will likely happen now, millions could lose their investment and lore. Very risky types of investment. You can limit your risk when you buy a CALL, you also buy a PUT. Therefore when you transact your trade, yiuvhave a set amount you can make, per the expiration date, and you at the same time, have a set amount you can lose, with the PUT. Which is betting at a set future date that the value of the stock will decline VS the bet on a CALL that it will increase. You should never buy a derivative unless you can afford to lose all the money, and maybe more, that you are risking in your transaction. Bottom line is on GAMESTOP and others like BlackBerry etc. investors are not trading on the fundamentals of an individual company, but are all trading on wild speculations on values that are driven up or down by the derivatives placed on that stock. Again, the most risky investment you can make. Might as well go to a casino as it is nothing more than gambling.
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24 minutes ago, Plattym3 said:

Yeah, bad look for those individual trading apps.

Hey, want an expert explanation that'll confuse you more? My dad decided to weigh in. emoji849.pngemoji51.png

PLATTYM2: What is happening here is inflating the price of a stock through the use of derivatives. That process is where you buy options on a stock by pledging the market value of your brokerage account. You do not purchase shares, you buy options at a future expiration date. If you think the stock will be up at a future date, you buy CALLS. If you think it will be down, you buy PUTS. It is extremely risky. Not only can you lose your entire position if the price moves in the opposite direct of what you are betting, but if you purchased the option without buying insurance, that is putting a floor on your option trade, you could wipe out the value of your pledged account if there were an extreme movement on the position in the opposite direction of what you expected. The extreme movement on GameStop was caused by millions of individuals on sites like Robinbhood and other online brokerage sites, all literally buying CALLS that drove the value of the stock up. More buyers than sellers, so they drove the value, on an inflated basis. If, like today, the value unepectantly drops hugely, before the expiration of the buyers options, which is what will likely happen now, millions could lose their investment and lore. Very risky types of investment. You can limit your risk when you buy a CALL, you also buy a PUT. Therefore when you transact your trade, yiuvhave a set amount you can make, per the expiration date, and you at the same time, have a set amount you can lose, with the PUT. Which is betting at a set future date that the value of the stock will decline VS the bet on a CALL that it will increase. You should never buy a derivative unless you can afford to lose all the money, and maybe more, that you are risking in your transaction. Bottom line is on GAMESTOP and others like BlackBerry etc. investors are not trading on the fundamentals of an individual company, but are all trading on wild speculations on values that are driven up or down by the derivatives placed on that stock. Again, the most risky investment you can make. Might as well go to a casino as it is nothing more than gambling.

This is why I don’t #$*! around with stocks.

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This is why I don’t #$*! around with stocks.
Make simple, wise investments and it will treat you well.

Sent from my SM-G965U using Tapatalk

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1 hour ago, AustNerevar said:

Make simple, wise investments and it will treat you well.

Sent from my SM-G965U using Tapatalk
 

Not wrong but I’m not the kind of person that can sit on a long-term investment, especially since last year wiped out a good chunk of money I was hoping to save up and I wouldn’t have much to work with anyways that would make it worthwhile to invest. Fingers crossed though that this’ll be the year I pay off my car loan.

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The entire thing has been fascinating. Just from all the memes I have seen posted on it.

I have learned more about stocks in the last 4 days then I have my entire life. Enough to the point that it has increased my interest in the subject to start doing my own research on it.

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A couple days after hitting 2,000 days playing Love Live! School Idol Festival, it was announced that the WW servers are being merged with Japan’s. There will still be an English option but all the little promotions and such that the WW version did to differentiate itself will stop and we’ll have to compete with the Japanese players during events. WW was also behind the JP servers in cards, so there is a chance there will be a huge gap in cards and events we haven’t gotten to yet. I’m not too bothered by this because this means the game will keep going until Japan decides to shut down the servers, but it’s a weird “end of an era” feeling.

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8 hours ago, eal said:

A couple days after hitting 2,000 days playing Love Live! School Idol Festival,

Image result for it's called anime dad

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On 1/30/2021 at 2:26 PM, Twinkie said:

The entire thing has been fascinating. Just from all the memes I have seen posted on it.

I have learned more about stocks in the last 4 days then I have my entire life. Enough to the point that it has increased my interest in the subject to start doing my own research on it.

Stocks can be a lot of fun these days. Of course, i always tend to rely more heavily on the good ol retirement account and savings account. But just in playing with stocks for the past couple years I’m up quite a bit.

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There’s a Love Live! game coming to the West for PS4 based on the arcade game in Japan that’ll cost over $300 to buy all the songs. My understanding is that there will be 8 songs that are free and you can buy them individually for almost $5 or in packs of 6 for $20. Who thought this was okay?

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2 hours ago, eal said:

There’s a Love Live! game coming to the West for PS4 based on the arcade game in Japan that’ll cost over $300 to buy all the songs. My understanding is that there will be 8 songs that are free and you can buy them individually for almost $5 or in packs of 6 for $20. Who thought this was okay?

Perhaps it was the angry man in Dwaine’s picture above? 🤔

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On 1/28/2021 at 2:14 PM, eal said:

This is why I don’t #$*! around with stocks.

I've never gotten into stocks either. It sounds way too much like gambling. I only gamble in games like Pokemon or Dragon Quest, where I can reload a save file if I lose.

Well, I've mostly been hanging out at home, playing video games, and hanging out on Youtube. I've seen some amazing edits like the Multiverse movie, and several Bully Maguire videos, as well as Hank Hill trying to buy a hammer at the Krusty Krab. I'm thinking of making some video edits myself, but my computer is terrible for that kind of thing. But masterpieces like this one really inspire me to make my own:

 

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The local arcade is closing down in 3 weeks. Really, only been there 3 or 4 times in the past 18 months they've been open. It just wasn't... much fun. We went the day they opened, 80% emulation machines. Didn't go back for a year. They'd added a dozen legit machines and 8 pinball machines and air hockey. There's a flat fee to get in, and the arcade games are all free play. But pinball and air hockey was still 50c or so. And 4 and 7 year olds wrack up quite the bill on pinball quickly. Luckily they kinda liked a few of the regular machines and were fine mostly skipping pinball. Just think it was a bad business model, and Covid didn't help. I'd have gladly have payed double their cheap rates to get in and have had it all on free play, but paying to get in and paying per play both just was a turn off for me.

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On 2/13/2021 at 6:50 AM, Plattym3 said:

The local arcade is closing down in 3 weeks. Really, only been there 3 or 4 times in the past 18 months they've been open. It just wasn't... much fun. We went the day they opened, 80% emulation machines. Didn't go back for a year. They'd added a dozen legit machines and 8 pinball machines and air hockey. There's a flat fee to get in, and the arcade games are all free play. But pinball and air hockey was still 50c or so. And 4 and 7 year olds wrack up quite the bill on pinball quickly. Luckily they kinda liked a few of the regular machines and were fine mostly skipping pinball. Just think it was a bad business model, and Covid didn't help. I'd have gladly have payed double their cheap rates to get in and have had it all on free play, but paying to get in and paying per play both just was a turn off for me.

We had a decent arcade open here just before COVID and it has been shut down for months. I hope it doesn't close permanently because I'd been wanting an arcade here since Tilt! closed when I was a child.

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Finally have a working TV again! Had to wait a while to get a new one (about 2 months) but I was finally able to get one today. It’s been fun to be able to play my PS4 again. Had to mess with the settings a bunch but I think I finally have the picture exactly how I want it. Been trying out a few games like Ys 8, Spyro Reignited and Bloodborne on it, and everything looks and runs great.

Have the next few days off from work too, so I might take the opportunity to (foolishly) start up Yakuza Like a Dragon or I might do a quick replay of Bloodborne. I’m looking forward to a little down time since I haven’t felt like I’ve had time to myself for the last few weeks.

Edited by YangustheLegendaryBandit
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I’m getting ready to start Dragon Quest X! I should be ready to play it tomorrow, hopefully!

I’m also really excited about the Legend of Mana remaster, and Saga Frontier, too (my favorite SaGa game, btw).

Edited by Prince of Cannock
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Tales of the TV continues with the following story:

The new TV I had bought a little while ago was not a good purchase. I kept trying to mess with the picture quality but no matter what I couldn’t fix the motion blurring that was happening, and because of the overall picture quality I kept getting really bad headaches after short periods of time. The newness of the TV wore out pretty fast, so today I ended up exchanging the TV for a another one.

Got the new one home and was already given a much better impression. I should have gone with my gut and gotten the Sony TV I had been looking at first and foremost but was talked into getting the other one. That was stupid of me to listen to, but this evening using the Sony TV the experience has been so much better already. A lot more picture options, motion blur options, and details are no longer getting lost due to poor coloration.

I’m looking forward to trying it out with my PS4 and a few other things tomorrow. I’m just glad I was able to get this all taken care of pretty quickly.

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20 hours ago, Plattym3 said:

What kind of game is it?

I'm definitely hoping for a Pokémon clone, but with candy. Like the Reeses Pieces evolve into those little peanut butter cups and then the bigger ones!

Party RPG. Think Candyland but you can beat up the other players and take their stuff

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I got the "official" Amiga emulator. The one made by programmers of the original platform.

Amazing computer platform. The games on it are so good and have a visual look that's amazing even today.

but besides that, life has been:

 

 

682002bddbd79166c4ce50d559b94ff3bd6767affcc128df86005d5347afb0f5_1.jpg

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I got the "official" Amiga emulator. The one made by programmers of the original platform.
Amazing computer platform. The games on it are so good and have a visual look that's amazing even today.


What'cha playing on it?
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Black Crypt right now. Really neat dungeon crawl RPG. Amazing pixel artwork throughout.

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